WRES rerating now. CEO expected sp to 5 bag from now. target 3p. now 0.7p see RNS
Global economy is slowing.. oil is going to touch $20 pb if SA don't cut production.
gkp to be £5 a share paying a dividend annually by 2020
Who has the most oil in Kurdistan, is it Genel or GKP ?
Is this going to be super September for GKP? GKP positive points for September: 1.) KRG has bookmarked $75-100mill for payment to oil companies – Source KRG website 2.) KRG has said not once, but twice it will start payments to oil companies from September and expect the first payment to be before 15th September – 3.) Gulf Keystone can “satisfy all its obligations to both its contractors and creditors†after authorities in Kurdistan, where the company operates, committed to making monthly payments from September Source CFO Sami Zouari 4.) New CRP due in the next few weeks – Source GKP 5.) Oil Price increase from baseline of $40/b to $52(ish) 6.) US output less 300K from previous numbers 7.) Unrest issues south of Iraq looks to reduce the amount of oil exported from that region 8.) OPEC expressed concern on Monday about oil's price drop and said the group is ready to talk to other producers about it.' Source Reuters GKP negative points for September: 1.) China – Nothing more to say – Source general news outlets 2.) Price of oil drops back to $40(ish) – Source general new outlets 3.) Between now and 15th the money due to companies disappears due to misplacement (corruption) etc within the KRGc government Please feel free to add points to either positives negatives
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